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Breast Cancer Diagnostic Market

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BREAST CANCER DIAGNOSTIC
MARKET
Global industry insights, Outlook and Opportunity
Analysis, 2017-2025
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REPORT DESCRIPTION
Breast Cancer Diagnostic Market Overview
Breast cancer is characterized by a malignant tumor formed in the breast cells, which can spread
to other parts of the body. Breast cancer is majorly observed in females. Breast cancer is
diagnosed by doctors with the help of several tests to locate the site of initiation and the spread
of the tumor to several parts of the body. Symptoms of breast cancer includes lump in a breast,
change in the shape of breast, skin dimpling, and fluid leakage from the nipple, patches on the
skin, etc. Breast cancer can be developed in normal individuals due to several risk factors that
involves low physical exertion, alcohol consumption, obesity, menopause, family history and
delivering a child at an older age. Breast cancer can be diagnosed at early stages by certain
screening tests like yearly mammograms, CT scans, and MRI. Once the symptoms are visually
detectable, an individual is advised to undergo diagnostic test to confirm the suspects of the
breast cancer. These diagnostic tests are majorly carried out by biopsy in which a small amount
of internal tissue is removed from the patient’s body and observed under the microscope to
diagnose the breast cancer. This diagnostic method can be carried out with the help of several
diagnostic options like that of biopsy, clinical lab tests, ultrasound techniques that are available
in the Breast cancer diagnostic market.
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Alarming rise in incidence of breast cancer augmenting market growth
According to the National Cancer Institute (NCI), 2015, in the U.S. around 232,340 females were
encountered with breast cancer and out of which 39,620 cases were lethal. The data from NCI
also suggests that 22.9% of female cancers in women accounts to breast cancer while, 18.2% of
all the deaths caused due to cancer, contributes to breast cancer.
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REPORT DESCRIPTION
Increase in incidence of breast cancer worldwide is the prime reason for global breast cancer diagnostic
market growth over the forecast period
Regional segmentation of the breast cancer diagnostic market by Coherent Market Insights comprises North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The major reason driving the breast
cancer diagnostic market is the increasing incidence rate of breast cancer all over the globe. The WHO suggests
that 89.7 per 100,000 people in Western Europe are affected by breast cancer per year. Apart from this, certain
factors like increasing awareness among people regarding regular check- ups for early detection of breast
cancer, technological advancement in medical imaging technologies, funding provided by government in
research and development of breast cancer treatment and diagnostic techniques are responsible to fuel the
global market of breast cancer diagnostics. Moreover, the rise in geriatric population offers high growth to the
players of global market. Strikingly, the breast cancer survival rates worldwide are relatively high, making it an
important factor that is responsible to drive the breast cancer diagnostic industry. WHO states that survival
rates are around 80% in North America, Sweden and Japan. However, as the installation cost of breast cancer
diagnostic devices and imaging facilities and side effects of radiation, may result in hindering the growth of the
breast cancer diagnostic market.
In case of regional segmentation, North America contributes highest in the global breast cancer diagnostic
market followed by Europe. The developing countries of the Asia Pacific are potential players in boosting the
global market due to factors like growing population of patients, government investments in healthcare
expenditure and revenues and awareness among people regarding benefits of early detection of breast cancer.
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© Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION
GE Healthcare to hold one of the dominating position in the competitive breast cancer
diagnostic market
Major players dominating the global breast cancer diagnostic market involves Hologic Inc., GE
Healthcare, Phillips Healthcare, Fujifilm Holdings Corporation, Gamma Medica Inc., Toshiba
Corporation, Aurora Imaging Technology Inc., and Dilion Technologies Inc. GE Healthcare holds a
very strong position in the global breast cancer diagnostic industry due to their high investment
costs in R&D that results in introduction of advancement in the field.
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ABOUT COHERENT MARKET INSIGHTS
ABOUT US
Coherent Market Insights is a global market intelligence and consulting organization focused on
assisting its plethora of clients achieve transformational growth by helping them make critical business
decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our
client base includes players from across all business verticals in over 150 countries worldwide. We are
uniquely positioned to help businesses around the globe deliver practical and lasting results through
various recommendations about operational improvements, technologies, emerging market trends and
new working methods. We offer both customized and syndicated market research reports that help our
clients create visionary growth plans to provide traction to their business. We meticulously study
emerging trends across various industries at both the global and regional levels to identify new
opportunities for our clientele.
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STUDIES
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ABOUT CMI
SECTOR COVERAGE
BIOTECHNOLOGY
CLINICAL DIAGNOSTIC
HEALTHCARE IT
MEDICAL DEVICES
MEDICAL IMAGING
PHARMACEUTICAL
OUR CLIENTS
 Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry
 Component Providers and System Integrators
 Private and Government organization
 Distributors, Retailors and Value Added Resellers
 Outsourcing Companies
 Healthcare IT Solutions Developers
 Universities and Business Schools.
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KEY STATS
RESEARCH SOLUTIONS
100+
FEASIBILITY
STUDIES
Insights Published
Per Year
GLOBAL
REPORTS
150+
Consulting Projects
Till Date
COUNTRY
ANALYSIS
CONSULT
PROJECTS
125+
Clients Worldwide
Per Year
110+
SURVEY
RESEARCH
EXCEL
FORECAST
DATABASE
CUSTOMIZED
SOLUTIONS
COMPETITIVE
ASSESSMENT
TECHNOLOGY
SNIPPETS
Analysts and Contract
Consultants
Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals,
including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in
order to result in the best possible market research reports across various industries worldwide. Based on our unmatched
expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better
outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure
sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of
opportunities posed therein.
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Author
Albert Rock
Albert Rock157   documents Email
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Business and Leadership
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